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Journal of Global EconomyAn International Journal ISSN 0975-3931
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Dr Sandeep Kaur from Punjab School of Economics, Guru Nanak Dev University, Amritsar, states in her article ‘India’s Export Potential to Other SAARC Countries: A Gravity Model Analysis’ that India’s export potential to other SAARC nations (Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka) was calculated with the help of gravity model of exports using panel data methodology (pooled model, fixed effect model and random effect model) by taking the time period 1981-2005. To find out the convergence and divergence of India’s exports to SAARC members, speed of convergence was used. Moreover, study has also tried to find whether there is convergence of the actual data towards the estimated equilibrium. The study reveals that there was presence of convergence in India exports with SAARC countries and in the other words, actual India’s exports to SAARC countries converged towards the estimated export potential. Among SAARC countries, India’s export potential exists for Maldives, Bhutan, Pakistan and Nepal. India is the only SAARC member that shares land border with four members and sea border with two. No other SAARC country shares a common border with each other. In terms of trade, commerce, investments etc., India is a source of potential investment and technology and a major market for products from all other SAARC members. Therefore, it is essentially in India’s interest to put her weight behind SAARC. Read more Volume 6 no 3 Dr J K Sachdeva, Editor, JGE, Mumbai states in his article 'Indo Japanese Trade Potentials in the context of Bilateral Relations' that India and Japan share a special relationship as fellow democracies seeking greater economic engagement in Asia. The major traded commodities changed from cotton-related products in the early 1900s to heavy machinery in the 1970s. During the same period heavy industrial products were the major export commodities from Japan besides metal and metal products like iron and steel and steel plates. The 1980s marked the beginning of a new phase in Indo-Japan relations with the establishment of the Maruti-Suzuki plant. There was a minor set back in relation in 1999 when India went through its nuclear test. In August 2000, however, Japanese Prime Minister Yoshiro Mori made a visit to India that helped propel ties forward. The relations have further been strengthened with the visit of Japanese Prime Minister Yukio Hatoyama in 2009. This paper attempts to analyze imports and exports of commodities and products to and fro these countries to see the effect of bilateral relations on trade, after India initiated trade reforms in 1991. Read more Volume 6 no 3
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Contents of Volume 6 no. 3 International Trade Contents
Contents of Volume 6 no. 2
Environment Issues Contents
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Editor,
Journal of Global Economy,
Research Centre For Social Sciences,
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